Imitation is the sincerest form of flattery.

Chris F. Masse August 29th, 2008

InTrade-TradeSports CEO John Delaney (a.k.a. “The Sponge”) has siphoned the best concepts premiered by HubDub, and, in particular, has copied WORD FOR WORD some of the HubDub webpages.

Example: The 3 selling points of the InTrade .NET login/registration webpage are similar to those of HubDub.

HubDub:

InTrade. NET:

John Delaney = The Sponge

Nigel Eccles = The Leader

Tags: event derivative markets, event derivatives, imitation, InTrade, InTrade .NET, John Delaney, login, Marketing & Internet Marketing, Nigel Eccles, prediction markets, registration, websites

Ethics , Exchanges & Markets , Marketing & Internet Marketing
Comments(3)

3 Responses to “Imitation is the sincerest form of flattery.”

# Prediction markets, search engines, and social networking: a triangular marriage made in heaven. | Midas Oracle .ORGon 30 Aug 2008 at 4:57 am

[...] InTrade .NET is the validation of these ideas —right out of the HubDub’s textbook. [...]
# Emile Servan-Schreiber on 30 Aug 2008 at 6:53 am

The real question is whether any amount of technological wizardry can make up for such poor value propositions.
# Chris F. Masse on 30 Aug 2008 at 9:14 am

I don’t respond directly to your comment, but here’s a couple of thoughts.
HubDub is receiving a big amount of Google-referred visits, That’s more than just “technological wizardry”. It’s real web traffic.
Same thing with the friending system, where traders can alert their “friends”. It drives traffic to some particular prediction markets created by people who have a long list of “friends”. (I have more than 200 “friends” at HubDub, and I know some have more.)
That said, once you are familiar with HubDub, in some ways, you feel that NewsFutures is the perfect prediction exchange for the sophisticated traders. I like the high level of sophistication in NewsFutures.
http://us.newsfutures.com/